The WAN Show - Amazon's Accidental 99% DISCOUNT - WAN Show July 19, 2019

Episode Date: July 21, 2019

Bench: Get 20% off your first 6 months of Bench at https://lmg.gg/bench Honey: Head over to joinhoney.com/linus and start saving today Squarespace: Visit https://www.squarespace.com/WAN and use offer code WAN for 10% off Buy an LTT shirt, hoodie, hat, and even our own insulated water bottle at https://lmg.gg/wanlttstore Get LTX 2019 Featuring DreamHack tickets NOW at https://dh.je/ltx19 Timestamps: (Courtesy of mars myk) 0:00 Importance of eye contact with the camera 4:00 haunted stream 6:50 amazon pricing error 7:30 LTT awards program 8:30 amazon story continued 10:28 Linus storytime (mountain mods) 20:30 discussion: what is ethical (apparently stealing duffle bags from homeless millionaires) 30:55 LTT store: water bottle 31:50 LTT store: stealth bundle shhh it's secret 33:04 worlds second greatest dad confirmed 3:20 38:30 cho-chooooooo 39:35 LTX 42:20 wth 44:40 Sponsor bench 45:37 Sponsor honey 46:26 Sponsor squarespace 47:11 new nintendo switch 53:16 neuralink 58:00 facebook ftc fine 1:03:50 super chat 1:04:18 oneplus 7 pro vs pixel 3a XL 1:04:51 channel super fun O.o -------------------------------------------------------- 1:08:24 Saturday Stream from LTX at different time Learn more about your ad choices. Visit megaphone.fm/adchoices

At Luke Laffer Alright guys welcome to the WAN show got another great show for you guys I'm sure we've done a great show once before at the very least. Oh wow they turned around the screen on the camera That's gonna be really distracting. That's kinda weird. I don't think I can I don't think I cannot look at it Um hey one of the hey, thanks David. What's wrong with looking at it? Well no if you look at it, then you're gonna look slightly off Yeah, it's kind of like if you're having a conversation with someone like this like hi James. How are you today? But it's also kind of weird if you just look into the lens too much for too long people get mad at that, too

No, they yelled at me once on a video. It's not about that. Yeah, okay Well what happened was I was trying to read the script and it was the first time that it wasn't a tech link to a tech Wiki and I actually had to interact with the product I was using so I was trying to read the script, and it was the first time that it wasn't a tech link or a tech wiki, and I actually had to interact with the product I was using. So I was trying to read the teleprompter, which is right in front of the lens, and then I was trying to look away sometimes at the thing and hold it and present it.

And I was not skilled enough to go from that back to my spot on the scrolling text, and so I kept screwing up. So when the final edit came through and the editor was done putting it all together, all the takes that worked, every take that worked was one where I looked right in the lens without blinking. So the final-

Hi, everyone. I am talking about this product. I am not a robot. I am a human. The final video was super penetrating. And like, all the comments were like, man, you need to look away once in a while, blink once in a while.

I was trying, guys. Okay, I can see that But when shows a more conversational format, so this is one of those things where sorry guys We will really get to topics relatively quickly today, but we're Sorry, we look the show is having a conversation. Okay, so it's one of those things where it's context dependent So depending on what type of video it is Sometimes it's really important to maintain eye contact the whole time. Like when I was working on the video this week

about the red megs, that was the kind of video where because I am having a conversation with the person across the table from me who just happens to be a camera, it's important to maintain eye contact because guys, we're trying to have a real chat here. We're trying to demystify something.

Especially if it's a more sensitive video, like after your, I don't know, iPhone X or something review, when you made a subsequent video that was like, look, we kind of screwed up in these ways. I didn't want the video to come out the way it did come out. And you're having like a frank discussion with the audience. Yes. It's important to maintain eye contact.

It's a matter of respect. Whereas when you are like when you're like if you can imagine something that was like more of a um like a narrative type contact content where the characters are interacting with each other and it's like hi james it sure is a pleasure to be uh meeting with you here today that, Linus. I can't wait to have a show where we actually talk about tech. So it's all context dependent. So we do have a bunch of great topics

for you guys today. Amazon accidentally sold $13,000 plus camera gear for $100 on Prime Day, which wouldn't be much of a WAN show topic. There wouldn't be a lot of discussion there, except that I can actually talk about my experience being on the other end, as opposed to the consumer who got a great deal being the product manager who accidentally priced something for one tenth of what it was supposed to be.

So we'll discuss that. We've also got Neuralink, Elon Musk's brain interface company, applying to the FDA for human trials. I already have mine. He wants to wear that. He wants to wear FDA for human trials. I already have mine. He wants to wear that Are you saying you want me to cover up my world's greatest dad shirt? Look, we've got the world's first and second greatest dad shirt. There are some people in this office that find that t-shirt offensive Like if you got one for me too, and we could both wear it

I didn't, it was a gift. If we were co-world's greatest dad, I might feel slightly less personally attacked. There's only one greatest. One goat. And we're also gonna cover Facebook's finally getting the fine of $5 billion. Well, actually they're not, but that's the announced amount. Yeah.

It still hasn't gone through, but 5 billion. All right. See if that number matters. Roll the intro. Roll the intro. It's lagging apparently again. I don't, I just don't get it. We streamed for half an hour on the test channel.

Yeah, please do, cause this is getting ridiculous. Like we can't be using this exact computer to stream on the test channel and then have it be broken for no apparent reason. That doesn't make sense. That doesn't make any sense. For those of you watching on YouTube, we would strongly recommend heading over

to twitch.tv slash Linus Tech. Yes, I can. I can do that. If YouTube can't figure out their live streaming, then people can go watch on Twitch. The stream's fine over there. So we're multi-streaming. We did a half an hour long test on our other channel

and it was fine. So honestly, I don't know what to tell you guys. We have no idea what the problem is, but it's clearly not our internet, clearly not our restreaming service, because that's working to Twitch on this one and to our test YouTube channel. And so, yeah, we don't know.

We've got the settings identical between them. It's apparently only some people. So there's people in chat that are saying there's no lag. So all I can tell you guys is if you are experiencing lag, twitch.tv slash Linus Tech. We're also having some lag issues on floatplane. Those are unrelated. Those are floatplane related.

We have to change from nimble video streamer to a different one because basically there's too many of you now and it's we have to make something new so um thanks so much for your support is uh pretty much what i'm all your friends but get them to trickle in yeah um luke's gonna have some really cool float plane news next week but for now i think the best thing that we can do is uh jump right into our highlight topic for the week was which is of course the pricing errors on amazon's prime day now this isn't something you noticed when you guys were doing your prime day stream no it wasn't um did you cover any camera gear? No, we didn't. So this was posted by RC Mayel,

I think is how I pronounce it. I'd like to just, just for the record, you have one of my most hated names on the forum. I do? No, this person. I was like, it's just my name.

I'm doing the WAN doc. Why can't you stop, why won't you stop attacking me? You're a bad dad. You have a crap name. You're not a bad dad. You have a crap name. You're not a bad dad. You're just not the world's greatest anymore. I've been doing this for three weeks now.

You hate RC Mayhills. I've been doing the WAN doc for like a year and a half or something like that. Or maybe even two years. And this person posts all the time. And I still have to spell and like look and spell the name. It just makes no sense in my mind. I can't remember how to spell it ever. So thanks, dude.

Maybe it's RCMayHL. You know, like maybe we're missing something here. Anyway, do you want to run us through what happened? So on Prime Day, some users, not everybody, but some people saw weird prices for lots of different camera gears. And this is on the same item.

Like two different people would see a different price for the same item? They all saw the same price, but it wasn't the intended price. Got it. So it started out on one item in particular, and then people noticed that it was actually on lots of different items.

And it was always the price of $94.48. Right. And then, so there's a forum that a lot of these deal seekers use called Slick Deals. Slick Deals have been around forever, actually. You can get Slick Deals over there. The slickest. You know what's funny? I'm going to totally derail you here because I'm rude like that.

We had thought about creating, you know how Linus Tech Tips doesn't have an award program? Like, we don't have like a... Like a loyalty program. No, no, no. What are you talking about't have an award program. Like, we don't have, like... Like a loyalty program. No, no, no. What are you talking about? Not a rewards program. We don't have an award program. Like, when we review something,

it won't be like, four and a half stars out of five, recommend to buy. And, like, we don't have, like, a little badge designed for that. I just, I don't know. It's always felt kind of silly to me, and we don't do it.

But we had considered doing one at one point just because we had the best possible names for what the awards would be. So Luke and I were each gonna have separate ones and it was gonna be, there was gonna be this list, okay? Linus's likes with like a thumbs up, like modeled after a Facebook style thing

and then Slick's deals. Oh, that's pretty good. So we figured like, okay, if we were going to have an award program, it would have to be cringy like that, but then we just kind of never got it off the ground. Anyway, carry on. Yes, Slick Deals. It's a website.

Yeah, they posted it on the forum there, and then it kind of spread, and lots of people got in on it. Apparently, a lot of people made orders, and some people's orders have been fulfilled. So some people realized that they were getting Sl getting slick deals and tried to make the best of it like there was this one guy he bought like $10,000 worth of stuff for $900 worth of real money and then uh Wow some of it got delivered got actually delivered to him but what happened was Amazon itself with a completely separate

system flagged his credit card because they thought someone was using it maliciously. Like, just, you've never bought 10 cameras before. So they shut it down. So only some of the stuff in his cart. I think maybe he did one order and then he made a new cart and then that one didn't get fulfilled. So he got kind of stymied for a different reason. But, yeah, some people got off with a ton of sweet gear. So there's things like Sony A6000 kits, A6500s,

10 to 18 millimeter bundle, a $2,000 Sony A7 body, Sony A9, all of this stuff. Apparently there was like a $13,000 big, one of those giant lenses that people use to zoom in on birds. All this stuff for like $94. Holy crap. I mean, to be clear,

though the person talking about the $13,000 lens wrote that, oh no, another member wrote regarding their Canon EF, oh no, this is 800 millimeter, yep, waiting for the cancellation, but that's like 99% off. Others reported that they successfully price matched gear at retailers like Best Buy and Walmart. That's crazy. So. That is crazy because I have seen other times where on, I think it was like a Boxing Day thing.

Yep. Where someone had a crazy deal and then the other local retailers just said, no, we're not doing it. It's too crazy. They wouldn't order it. They wouldn't match it even though it was their policy. So going back to my days, uh, as a product manager at an online retailer, um, one of my, one of my big mistakes, um, early on in my career as a product manager was actually on a mountain mods case. I remember it pretty well. And I was pretty new to the product management team. I only had, basically the only product lines

that I was allowed to handle were the ones that were not really worth anyone else's time. Like they were either very high touch, so very, very time consuming with a lot of, like, nitpicky, stupid crap, or very low margin, or, like, completely deadlines that someone else had, like, just abandoned and just didn't feel like dealing with anymore. So they just kind of got shed over to me. That's how you get baptized in fire. Pretty much. Like I started out trying to make a name for myself with water cooling and like weird fringe vendors and Mountain Mods was one of them. So here, I'm just going to switch

over to my screen here. So Mountain Mods actually still exists. And it's really funny that Case Labs made so much noise about how their designs got ripped off by Thermaltake. Because to my knowledge, now I could be wrong, correct me in the chat, but as far as I know, Mountain Mods has been around a heck of a lot longer than Case Labs, and they are the original cube case. I feel like if there's some kind of tech, like the Force, like Star Wars Force, you can sense all the keyboards around the world

clacking right now to try to Investigate this for us Someone's gonna have an answer. I know right so mountain mods. It was one of their ascension cases. I think Basically, they're like kind of a modular case maker and a big problem for them was that their shipping prices into Canada sucked Donkey balls so any Canadians that wanted to buy a mountain mods case was that their shipping prices into Canada sucked donkey balls. So any Canadians that wanted to buy a Mountain Mods case couldn't really get one at a reasonable price because they're already super expensive because they're made in the U.S. still, to my knowledge,

including the actual metal fabrication and powder coating. It looks heavy. And they are heavily kind of of customizable they're actually not that heavy they're aluminum um so they're heavily customizable uh they're big and they ship pre-assembled so they're like freaking huge and all the accessories are like super expensive and there's all these different options um and shipping cross-border was a little bit tougher back then man their site still sucks. Okay, there we go.

Okay, so let's just grab like a U2. U2 UFO is kind of like their OG case. It's changed a lot over the years, but I'm willing to bet the pictures on here are from like the Enforce 2 days. Like it really wouldn't surprise me. Look how slow this freaking site is. Though you guys might be love-hugging it right now. What does that mean? Love-hugging it right now. What does that mean?

Love-hugging it? Yeah. Like, I bring it up, and then everyone, like, goes to their site just to, like, check it out. And it's not used to that kind of traffic because they're this super weird little niche vendor. So anyway, yeah, these are, like, $360 to $400 cases. And as soon as you start adding some accessories, like, you know, a dual power supply mount or, or like a fancy grill for your radiator or whatever the case may be they get really expensive and um part of the other problem with them is that because they're highly customizable so when you click on one of the cases you'll have all these different options for like different

motherboard trays and uh different drive mounts and all that kind of crazy stuff um It was a really, really challenging line for me to manage. Because unlike a Corsair case where it's like, this is a 580X. It comes with all the things a 580X comes with and is compatible with the things a 580X is compatible with. 580X is compatible with, I had to kind of pre-make the decision for our customers what color, what finish of that color, what mounting options in order to kind of try to have something that is pre-configured in our warehouse that makes sense. And if I made a bad gamble, like if I decided that we wanted UV orange acrylic windows, then if we were stuck with dead stock of that,

I had to go rip all those UV orange ones, order some clear ones, put them on myself. Like, no one was gonna help me with this crap, because they all thought it was a total waste of time. Ultimately, carrying mountain mods was actually a total waste of time. We didn't end up making a ton of money on it, but, you know, we tried.

We tried. We tried mountain mods. And they're cool're cool guys like just to be clear um i actually had mountain mods um even after we weren't really buying cases from them anymore i had them powder coat my case for my personal rig because i just absolutely love their powder coat finish it's just it's fantastic was that available to everybody you could just send yours in and they would finish it and send it back i have no idea they did it for you they did it for me though nice hey i'm i'm all about i'm all about working the angles man you know that i was just like hey so uh if i like disassemble i don't like your cases that much i like my case but i really like your paint finish

um can i send it to you and they did it for me. It looks beautiful to this day. I actually still have that case in Mothballs in case I ever don't have like a rack-mounted gaming machine. I'll probably go back to it. Now, can you speak to the other side of this issue in terms of when we see this and the spin that all these articles have is that this was a cool freak occurrence

where you could get this stuff super cheap, which is amazing for anyone involved who got to be there and got to buy stuff super cheap. And anyone who missed out is super regretful. But no one talks about the perspective of the retailer who's like, man, we just lost a lot of money. This was a $500 case, Canadian, our cost. Because the US dollar was actually quite a bit stronger against the Canadian dollar at that point in time. So what happened was I wanted to price it, and I think I was even trying to blow them out.

Like, I was trying to get rid of them. So I had them at, I think, $499.99 or something like that. So you're just trying to break even and liquidate these. I'm just trying to flip them. So I accidentally put a decimal in the wrong place now it's funny we actually ended up developing a system later on down the line that would highlight red uh highlight yellow and then highlight red anything that was marked uh 10 or 20 like some some percentage i think it was yellow if it was below cost and then red if it was significantly below our cost. So if it's abnormal, it can fly in.

So that you'll visually see it on your sheet and you can go do a manual double check. But that system didn't exist up until that time. They called it the Linus system. Yeah, everyone else who had worked there before that just never made boneheaded entry errors. But anyway, I accidentally entered 49.999. And the system did manage to autocorrect that I had an extra destiny.

It truncated the extra nine, and then it was 50 bucks. And it was 50 bucks for a $500 case. Now, because it was such a weird niche item, like if we had accidentally priced a hard drive or a CPU or something like that. Or a high volume, high demand. A high volume item at 10% of the price,

we would have noticed immediately because like our servers would have gone down. Oh no. You know, we would have had 10,000 people on the site trying to order that friggin' thing. So you're saying this was a silent killer and no one noticed for weeks?

No, no, we noticed the next day because every order at NCIX at that time was actually like the credit card processing was manually reviewed by a team of people. So they went through, brought it to the CEO, instead of coming and talking to me about it, thanks, Dr. No, you know who you are, brought it straight to the CEO, instead of coming and talking to me about it first, and was like, hey, what's up with this? We're losing $450 an order on this item.

Does this seem like sound business to you? Oh, man. So here's kind of the dark, the other side of this. So I get called into the president's office. I am a very junior product manager at this point. I probably haven't made $5,000 for the company at this point.

And we've got 10 orders. Oh really? Now it wasn't nearly as bad as it could have been because someone actually had seen it the night before and pulled it out of the sale and I don't even know if we had 10 units in stock but basically it was five grand which to me, to a lot of people, I think is a lot of money, right? $5, think is a lot of money right $5,000 a lot of money sure and he kind of he looks like sit down it's like oh boy and he goes so here's what here's the situation what are we going to do about

this and I was like why are you asking me? I don't know. What are we going to do about this? And I was like, I'll call them and I'll explain. I'm sorry, we can't do that, our bad. And he's like, no, we're going to honor it. We're going to eat it this time. But that's your training budget for the year don't do it again and i kind of went so so even if you didn't have 10 in stock say you had seven in stock yeah you ordered the other

three and fulfilled them because those ones could have been easily canceled if i recall correctly the ones we didn't have in stock we canceled the orders but the ones we didn't have in stock we cancelled the orders but the ones that we did have in stock we ate it yeah so i think we had close to however many we sold um and apparently this gear was being sold and shipped by amazon so i actually would have been amazon and eating this and an amazon employee getting the talk like that you had so i guess here is you know you'll you'll hear a lot of people talk about these kinds of pricing errors, um, from a very, um, I would say selfish perspective. They'll say, well, yeah, maybe you shouldn't have made that mistake then.

Um, to which I would respond, okay, um, what's your job? Are you a, uh, what's your job? Are you a, I don't know, are you a construction worker? Are you a drywaller? Are you a chef? Are you a, you know, whatever, whatever it is. If you were to make a mistake that's that easy to make, if you were to put a nail into the wrong spot,

remember, you are just a cog in the machine machine I'm not saying that you run the company because in our case the CEO was in a position to make a decision like Let's lose five thousand dollars today. You know so You're just a cog in the machine if you were to put a nail in the wrong spot three inches to the right Should you just lose $5,000 I'm talking about the triviality of the error that was made and the total consequences so you know on the one hand yes advertising a false false price is bad and actually in many cases illegal but in this case I would argue that in some ways the consumer knowing that that price is obviously not correct and predatorily ordering something is not in the right either even though their action is completely legal I would say it is not in the right either. Even though their action is completely legal,

I would say it is not really ethical. Sure, but everyone knows that, you know, everyone throws around this term of late-stage capitalism. Capitalism is great. It's the most successful wealth distribution system we've ever invented. But there are some dark sides of it that result in oligopolies and all sorts of other things

and siloing of wealth and stuff like that. And I think because those dark sides of capitalism exist, when things like this happen in favor of a consumer, I'm kinda just like, yeah, today it worked for me. Do two wrongs make a right? I mean, that becomes, I think, a bigger debate at a certain point. Do you think there's anyone who benefited from this sale who would go, ah, you know what, cancel the order?

I don't deserve this $5,000 camera. Well, I think they would say, yeah, go ahead. Well, okay. I think it takes a particular type of person to go and like uh again you know when i talk about being predatory i'm not talking about ordering the 500 camera for a hundred dollars that's maybe believable you know you might not even look that closely at it you might think it's it's a it's a b-stock one the thirteen thousand dollar lens for ninety four dollars yeah or or going and ordering placing six or seven separate orders trying to get as many of them as you can

like ultimately that is it's not stealing because someone is voluntarily giving it to you but i'm gonna go ahead i'm gonna say something super controversial, and I'm gonna say by the same logic, the settlers here in North America didn't steal land from the Native Americans then, because they, in many cases, gave it up voluntarily, not realizing or understanding what the deal they were making was.

I would make the argument that that retailer or that provider of product didn't know that that was what was happening, and that's clearly predatory. Well, it's a little different because this is probably an error, but as a parent, if you found out that your kid was one such person,

they got the $13,000 lens for $95,000, you would have the talk and make them return it? Yep. Interesting. Sucks to be your kids. Is there a line where, like, okay, if they get the $500 one for $100, that's kind of justifiable.

Yeah, to me, it's believable. If they get one that's, like, $2,000 for $100, you're making them return it. But if they get something extreme that you're like, okay, don't tell anybody. That's crazy. You just keep it. Like if they find a duffel bag of like a billion dollars, several dollar truck. If they find like a duffel bag of money that's like $3 million in it, you're like, okay, just don't tell anybody.

Let's just move. See, that's the thing. Okay. It's still unethical. But if I found a duffel bag of money on the street i've actually i've actually thought about this i have theory crafted this for myself if i found a duffel bag of money on the street i'm gonna use an arbitrary number but let's say it has five million dollars in it and i'm talking canadian rupees so it's not like you know what no let's say five million u. Okay, 5 million US dollars.

Now, my first instance... Wait a second. Yeah. Can we just... Then you have to fence US dollars to Canadian and stuff. Can we just make it whatever your home currency is? You find a bunch of money. Okay, fine.

You find 5 million US dollars equivalent in your home currency. So for us, that's about 6.5 million dollars. Okay? We good? Sure. All right, we can go forward now. Thank you very much. So, okay, that's about six and a half million dollars. Okay, we good? Sure. All right, we can go forward now.

Thank you, thank you very much. So okay, I find five million dollars in a bag. Now my first instinct is actually fear. Yeah, sure. Why is this here, who's watching it? You know, I open it, because I'm like, you know, let's say I open it because I'm earnestly trying to return it to the owner, right?

And I open it and I'm like, holy crap, it's full of money. There's no identifying information in it whatsoever, right? So you are supposed to turn it into the police. That's what you're supposed to do. Is that a law? I believe so, yes. You have to give it to them to give whoever lost it some reasonable amount of time to claim it and then after that i believe theoretically it's supposed to be forfeited back to you but i think in the cases of very valuable or very large sums of cash that might not necessarily be the case and it might just go to the crown well you're so you can be relatively sure that it's laundered money or dirty money anyway. You can be relatively sure of that, yes. So, with that in mind, even though it's unethical, I thought about this, actually. Like on a plane ride?

I'm pretty sure my course of action, I was like lying awake one night, I couldn't sleep. And I was like, I don't remember why I came up, but it doesn't matter. The point is, I'm pretty sure this is what I'd do. I would take it home, and I would bury it somewhere. I would just bury it. And I would wait for some very long period of time. If someone came looking for it, I'd want to have it all, because I don't know who's showing up for it.

Could be cops, could be drug dealers, could be human traffickers, no idea. But whoever they are, I want some kind of credible, plausible deniability story about how I was keeping it safe and trying to get in touch with whoever owned it. Here you go, go away, please never talk to me again. You'd probably get beat up, but they might not kill you. But they might not kill me. Yeah. Okay. So after some period of time, let's say 18 months, two years, I'd keep it. I'd keep it.

It would be unethical, and I would know it's unethical, but given who the victim was, we're not talking some random blue collar worker who's just trying to do their job. We're talking probably drug dealers and human traffickers or whatever.'re not five million dollars in a duffel bag there's no legitimate reason for that to exist um given who the victim is yeah it's good i don't care it's a good plan i like it i don't know that i would go to my house first i might just drive around i don't know okay you know what actually Actually, I'm not going to be like, oh, now that you say that, yes, I did think of that. I actually did.

I had considered that. I would want to make sure I didn't have a tail, but I would end up at my house eventually, and I would bury it at my house. Would you pick it up right away, or would you just go and sit down at a bench within eyeshot? Oh, I would pick it up right away. I'd pick it up right away for sure, but then what I would do oh i would pick it up right away i'd pick it up right away

for sure but then what i would do is i would pick it up right away and i would wait nearby with it so that way if someone were to show up and i'd be like sitting on my phone or something if someone were to show up i'd be like oh yeah i totally noticed that this was very weird and i was looking in the news to see who it might go back to, and I was about to call the police. Here you go. We're super cool, right? Bye.

I would pretend that I was at least making some kind of effort. Just so naive. Just don't kill me. Playing dumb. Yeah, just don't kill me. Playing dumb is not a bad bet. Well. How did we get on this topic?

You got one of those cameras. I say keep it. You're a good person. I remember when I was in university, when terabyte hard drives were first coming out, there was an error like that. I forget what company it was, but they were going for like 60 bucks or something like that, which was a steal at the time.

Yeah. I regretted not being able to cash in on it. Okay. something like that which was a steal at the time and yeah i regretted not being able to cash in on it okay but remember too that's that's 60 bucks like it's somewhat credible and besides there's a difference between ordering one and ordering 20 so actually yeah one's smarter so pricing errors would happen fairly often at ncix and i can tell you right now, if you're the guy that orders one, we were far more likely to let it go. And if you were the guy that orders 10, we were far more likely to tell you to go cram it up your butt.

You get nothing. Because the thing that you've got to understand is in any case like this, it's always a judgment call. And they're going to make a decision case by case basis. How much was this our fault? How much is our total overall loss?

How much of a complete a-hole is this particular individual being about it? Like if someone came to us and was like threatening to... Am I supposed to drink out of this? You can if you want. Is it good? Well, it's not mine.

Oh, it's brand new. Oh, yeah. Right. We're launching a new... Oh, there's ice in here too. Check it out. New. Oh, it's brand new. Oh yeah, right. We're launching a new, check it out. New water bottle. There's ice in this. Yeah.

They don't come with ice. No, they don't come with ice. They don't come with bath water either, thankfully. So this is the new limited edition. I don't know, we might make more of them, you never know. But we didn't do that many of them. But this is the stealth Linus Tech Tips water bottle. So gone is the orange logo. in is the matte black logo.

Well, it's actually kind of a glossy black, but the whole thing's kind of that. Oh, this is the design that I was like, yeah, do this one. Yeah. Sweet. So we decided to do both. That's good. But we did the orange one first,

and then we just had them, the orange ones are selling so well that we were like, okay, let's do more orange ones, and what the hey, let's do a stealth one too. So lttstore.com, you guys are gonna wanna check that out. It's the same price as the other one. I like stealth. And there's a deal. Oh, right, and there's a deal. The bundle.

I forgot about that. Okay. So this week is the stealth bundle. I don't have to actually give them an offer code, do I, Nick? It's automatically applied. Automatically applied. So all you gotta do is scroll right past the underwear. Or don't, and buy that too! Yeah, or buy that too.

And go ahead and add to the cart the stealth hoodie in your size of choice. God damn it, how cute is Colton? Isn't he? The stealth water bottle. Which we'll have pictures later. Which we'll have pictures shortly, but it looks like this. You guys saw it.

And the LTT hat in black. Which I love. And bippity boppity... Bippity boppity bundle? Boom! You get the hat for free. So there's no indication that this bundle exists until you make it yourself in your cart. You have to be here to know about it.

You might call it a stealth bundle. Oh! Yay! until you make it yourself in your cart. You have to be here to know about it. You might call it a stealth bundle. Oh! Oh! Yay! Hey, hey, hey, hey, hey! That's so sweet. But yeah, it's automatically applied to your cart.

Yep, so it'll automatically apply to your cart. So, guys, oh, what the heck? Dang it. You guys should try to put other things in your cart and see what happens. Oh. You never know. Merch might just show up at your house.

My stupid kids. They play with my... They play with the strings on my hoods. They pull them out. See, even though it's... No, there's a knot in it, so it's not going to come out easily, but they're always screwing around. See, we have preventative measures for this. I know. We thought of this in the design. But they like... Your kids foiled you.

Work hard at it. I don't have a red hat, I only have the black ones. This is pretty nice. Anyway, so yeah, it's the hoodie that I'm wearing right now, which can be configured with the strings even, but your mileage may vary on that. So this one with the phone pocket and the- Does it have a water bottle pocket? Does not have a water bottle, where the heck's my phone?

I don't know where my phone is. I mean, yeah, you can put a water bottle- It does have a water bottle pocket? Does not have a water bottle. Where the heck's my phone? I don't know where my phone is. I mean, yeah, you can put a water bottle- It does have a water bottle pocket. Yeah, so it's got the phone pocket. I wouldn't actually recommend putting a water bottle in it. That'll stretch it. This is my hoodie. Don't screw with my hoodie.

So it's this one. It's the black on black hat. And it's the black on black water bottle. Add all those to your cart and you will get $20 off, which is basically the price of the hat. And so it's kind of like getting a free hat. It's so like unusual that I love this hat because usually when I try on a hat for some reason, I don't know if it's my head shape or whatever, but I get these weird creases like right here and here. Yeah. These ones they're just perfect. Great

for covering up your greasy hair which which is most of the week. My hair's actually not that bad today. Most of the week for me. I'm going with my hair today. I'm not much of a hat guy every day, but I burn in about eight minutes outside, so I actually do wear it a lot of times. When I wear that hat and the hoodie,

my wife says that I look like I'm from Abbotsford. From Abbotsford? What does that even mean? As opposed to Vancouver, I guess. I don't know. Neuralink. Hey, what's this other shirt you have on? Oh, right, LTX.

Okay, are we doing sponsors? Let's do sponsors. You know what? I thought we were. Let's do sponsors now. LTX 2019, baby. It's going to be flipping sick. This is my staff shirt.

Woo! I got staff. Really excited. I mean, look, if we're pimping everything, I might as well just be like, yeah, yeah. Oh, my God. We've got the underwear now, too. Yeah! I actually got our first customer feedback on the underwear already.

Oh, yeah? Yeah, someone tagged me in a status update on the forum. Crotch is too tight. And, yeah, sure. Yeah, sure, James. Yeah, they messaged me on the forum. They were like, wow, I can't believe I got it so fast. Oh, that's great.

Because we launched it a couple days ago. They got it yesterday. So they got it basically immediately. Where were they located? They were like, yeah, I'm actually not sure. And I couldn't share that information anyway. But I guess I could if it was vague enough. Yeah, I don't know.

I don't know where they're located. Like in Canada, in the US? No idea. But they got it already, and they're ordering two more. Two more packs. Really? They're like, yeah, I love it.

That's saying a lot. Having nine pairs of underwear, that's like probably going to be half of this person's whole repertoire of underwear. Yeah, I mean, if they do weekly laundry, maybe their whole one. And yeah, they were just like, yeah, I ordered one as a test,

and I'm ordering two more. They're freaking awesome. Love them. And yeah, they were just like, yeah, I ordered one as a test, and I'm ordering two more. They're freaking awesome. Love them. And that's saying a lot, especially when you consider that they're $50 US for three packs. Or, excuse me, for three pairs. That's not exorbitant. It depends what you're used to.

There are lots. Speaking in Canadian dollars, which I feel like buying power-wise is probably the same. Like, if you're in the U.S. and you buy $20 underwear, it probably hurts you the same as $20 underwear in Canada. Yeah. If you find good underwear that's $22, that's, like, a good deal. Because there's a lot of boxers that think they should be worth $35. It depends what you're used to.

Because if you're like a Lululemon shopper. Oh, yeah, my whole drawer. Before the line of stock. Yeah, $22 underwear probably doesn't shock you. Because the Lululemon ones are $22 or $25. That's why they're so wicked. But if you're a Hanes shopper and you buy a 30-pack of underwear for $10 at Costco or whatever. You can't get that.

Look. Even the cheap brands are more. I'm exaggerating. I'm exaggerating. I'm just saying, if you buy like Acme palette of underwear. What are they actually? They're like $6 a pair? I have no idea.

The last time I bought underwear was my wife buys my underwear. I don't know how much underwear costs. All I know is what I did in terms of price comparison for these. And the material quality is more comparable to your $25 to $35 per pair underwear. And our pricing is more like $16 a pair, $16.50 a pair. So I feel like, yes, they're expensive, but also they're not unreasonable. And part of it is just the brand that we're trying to build for the merch is like, look, it's unapologetically not cheap, but it's also not basic.

Like, it's nice. You'll like it. I'm trying to get underwear. How much does underwear cost? I typed in underwear on Costco.com, and the first thing that comes up is depends. Your screen's not sharing with me for some reason. Oh, wait. You're using your laptop instead of the second stream laptop.

I didn't even know that that laptop, that the second stream laptop can share. Oh, yeah, it can. Okay, here we go. So $15 for Champion men's boxer briefs, five pack. Okay, so that's three bucks. So that's $3 a pair. So that's really cheap. That's cheap.

We are literally five to six times the price of that. Wow, that train is really loud when the bays open, isn't it? That is fantastic. That's your underwear rolling out to a mailbox near you. Do people like the underwear colors? Are there any colors that people would like to see? Do we know that yet?

I have no idea. Hit us up in the chat. Yeah, we're waiting to hear back from people. People are complaining about the lag. Guys, we got nothing to do to help you. Twitch.tv slash Linus Tech. Our stream is fine. YouTube is dropping all the frames. We don't know what to tell you guys. We've got to make some. Twitch.tv slash Linus Tech. Our stream is fine. YouTube is dropping

all the frames. We don't know what to tell you guys. We've got to make some pink underwear at some point. We should use holiday underwear,

Christmas pattern. That would be awesome. The minimum order quantities for underwear are really high. Really? Yeah. So doing just like

a whole bunch of different patterns and stuff is maybe not on the roadmap anytime soon. We gotta do Christmas. We'll see how it goes. We'll see how it goes. The nice thing about Christmas Sundays is you can,

if you have leftover product, just put it in the attic for a year and bring it out next year. So guys, few more things. LTX, it is next Saturday and Sunday. Not this, like tomorrow, Saturday. Next Saturday and Sunday, there's gonna be 3,000 plus people a day. It's gonna Saturday and Sunday. Not this, like, tomorrow Saturday. Next Saturday and Sunday. There's going to be 3,000 plus people a day.

It's going to be freaking awesome. It's going to be insane. It's going to be almost 600 people at the BYOC LAN. We've got tons of stuff to do. I'm going to bring up the map for anyone who's not sure if they should attend or not. So many YouTubers? Here it is. There are so many creators there.

How many? Like 25? LTX, Twitter. There's a lot. I'm in charge of the main stage. We've got panels going all day with all sorts of different creators. Some you know, some you may not know, and you wanna know. Attendee info.

We, yeah, we showed it. So here's our featured creators. Linus Tech Tips, Austin Evans, Jays2Cents, Strange Parts, Hardware Canucks, Paul's Hardware, Gamers Nexus, Barnacleese, Snazzy Q, LowSpecGamer, Science Studio, TechDeals, Level One Text, OzTalks Hardware, Christopher Yee, DerBauer, EposVox, NerdOnABudget, AkbakuKu, Coalition Gaming, Luna Lyric, David and Mel, Pedro from PCMR subreddit of all things. Vote for Pedro. Stacey Roy and Steve Aurelian. I think that's actually exactly

25. Nice. We went all freaking out. So if you want to meet any of those people, or like realistically most of them, come to L.E.X. And not even meet, but like hang out. It's two days. You could probably talk to each of those people

for a solid 10 minutes. Well, I don't want to make commitments on that. Okay, I'm thinking about past LTX. Yeah, you can talk to James for 10 minutes if you want. I'm busy, man. You can come to the main stage area and heckle me. I'll yell at you. Yeah, no, it's going to be great, guys.

It's going to be a blast. There's still some tickets available. Not many. Get out here, though. Yeah. You can Airbnb at my place. Still some tickets available, not many. Get out here though. Yeah. You can Airbnb at my place. We'll have LTT store merch for sale,

30 exclusive items up for silent auction with proceeds going to Extra Life. Memory Express will be there selling gear on site, so if you need a spare part or you wanna buy a CPU and delid it in the CPU delidding booth, that'll be sick. VRRC Cars is gonna be sick. Jake's got four cars up and running and instead of doing a race We're actually doing more like a first-person

Like treasure hunt so you have to go around and search lose. It says even is that even known? I don't think so quiet. Oh Also the main stage schedule will be here soon. And so we'll be sharing that. We're gonna play Family Feud. Yeah, that'll be fun. It's gonna be so sweet. Wait, am I allowed to show this?

Oh yeah, I can just show this. Cool, there you go guys. So we're gonna have a bunch of panels, PC do's and don'ts with Hardware Connect's level one techs and Jake. what the hell is going on? This better be a new merch item He just nailed the shelf can I help you guys Is this to do with LTX

Is this to do with LTX? No, no, no. Yeah, yeah, yeah. Yeah, just come over here. Yeah, I mean, you can't have us, like, react to this and not show people what's going on. It's B-roll. This is Linus Media Group. Bunny roll.

Yeah. Bunny roll, indeed. Yeah, it's bunny roll. Show them your tails. No, this isn't that kind of program. Yeah, well, Nick makes it. Nick's is cute. David's over there wearing nothing but a trench coat.

Yeah, he's wearing a... A gabardine. A flasher coat. Exhibitionist costume. I don't know what these guys are doing. Colton doesn't even have a tail. That's weak. You don't sound stoked for Family Feud.

That's gonna be so sweet. I have never watched Family Feud, and I don't quite know what it is. Okay. That's what the survey says. We did a survey. Yeah. So we're going to have best processor to pick in 2019 with Austin Evans, Jays2Cent, and our very own Anthony.

We're going to have running a YouTube business, the early years. I'll be up there, Strange Parts, EposVox. Q&A with LMG, part one creative and part two business we'll have different members of our team chatting we're going to do pc versus mac with luke snazzy labs and gamers nexus that'll be fun budget versus performance with linus tech tips tech deals and pedro from pcmr it's going to be freaking awesome guys don't miss it if you don't absolutely have to you can catch the panels by the way, if you just tune in on Floatplane. So we're gonna have those available on Floatplane.

Also, Floatplane pricing for Linus Tech Tips will be going up soon. We finally got our pricing tiers figured out, so it's gonna go up to five bucks. However, we are going to grandfather or grandmother, equal equality. Grandperson. Grandperson.

We're gonna grandperson in anyone who is already subscribed. So you're going to want to get over there pretty quick. So. Should I subscribe now? We've got a number. Is it free forever for me? I don't even have an account.

I don't know how staff accounts work, to be honest with you. Yeah. Can we do? Oh yeah. Actual sponsor stuff. Yeah. Actual sponsor stuff.

Holy cow. New sponsor. Bench. Not that Bench, different Bench. What Bench are you talking about? Like the apparel brand. Like Bench? Yeah, like that Bench. It's not Bench.

No, no, no. Bench allows you to run your business and let Bench do your bookkeeping. They're the largest North American online bookkeeping service, and they're partnered with a dedicated team of bookkeepers. You can automatically import your transactions from your bank and merchant processors they'll do accurate end-of-month financial statements for

your business they'll try you can track your financials through the bench app available on your iPhone or web browser and they've got unlimited support at any time visual reports like to quickly see how your business is performing and at the end of the year you'll get a financial package that allows you to easily complete your taxes accurately. The bottom line is when small business owners outsource their bookkeeping to bench they get more time to focus on running their business. So check them out at lmg.gg slash bench and you can get 20% off your first six months of

bookkeeping. And you can use that money to shop online with Honey! Join honey.com slash Linus. Honey is the free shopping tool that finds the best promo codes whenever you shop online at supported sites like, you might have heard of them, Amazon, eBay, New Egg, Razer, Best Buy, Walmart. So many random ones too. And more, yeah just tons of random ones. When we did the catalog for our Banff trip and the photo book, I got like a third of the price off. Really? I've saved so much money. I barely internet shop.

It actually works. So Honey gets a small commission from the sites where Honey saves you money. It's free to install and installs in just two clicks. So it's free forever. There you go. There's a note in here about like specific people who work here who have saved money.

You're not in there, but you have too. So get Honey for free at joinhoney.com slash Linus. Finally, with all that cool stuff that you buy with Honey, if you want to make an online store or something, use Squarespace. Squarespace's

award-winning templates allow you to build a beautiful website without the hassle. Their all-in-one platform makes it easy to get up and running quickly and if you ever need additional help Squarespace has got you covered. They offer webinars, a full series of help guides or you can contact their 24-7 support via live chat and email. If you've already got a third-party domain you don't have to give it up just transfer it over to Squarespace and they've got tons of great tools to make your life easier including their

e-commerce features that help you sell merch or services online and easily manage your inventory and orders. So go to squarespace.com slash WAN and get 10% off your first purchase. There's another Nintendo Switch. There's another Nintendo Switch, but also there isn't. It's the same Nintendo

Switch, but different. If you buy a Nintendo Switch now, Yes. Hold on, is it now? No, it's mid-August. Mid-August. If in mid-August you by a Nintendo Switch to now yes or hold on is it now no it's not mid-august mid-august if in mid-august you buy Nintendo Switch and a past version of you in the present now buys a Nintendo Switch you will have bought two different Nintendo Switches yes unless you get old stock and the future you get old stock and then that's a bummer so So you're in mid-August buying a Nintendo Switch. That Switch happens to have been on the shelf since at least today.

Yes. That sucks because the new ones are going to have improved battery life, pretty significantly improved. The current ones that are on shelves right now, they claim battery life of two and a half to six and a half hours, which is a big range, but it goes from pretty decent to like, depending on the game and how hot it is and all sorts of stuff.

The new ones are gonna have 4.5 to nine hours. So that's like on the low end of the new switches. The lowest end, according to this claim, is like in the 66th percentile of the old ones. So that's pretty good. And you're not gonna pay anything more for that. That's just gonna be the new standard Switch. So the word on the street, if you hang out on sites

that really follow like silicon news closely, is that this is because they had to do, like basically they were just doing a new spin because they needed to move to a new process or they needed it for the Switch Lite or something like that. And since they were doing it anyway, they might as well just put it in the full-size Switch

and then they can have better battery life. Basically, it's a power consumption decreasing move that they've done here. It's not a different battery. Yeah, it's not a different battery. Yeah, it's not a different battery. They have altered the power consumption of the processor in the Nintendo Switch.

So they figured, oh, what the hey, we're doing it anyway, we might as well put it in the Switch. The product's model number doesn't even change. This will have better battery life even than the Switch Lite. Yeah. Which has better battery life than the old one. Well, I would think then just for the,

because the Switch Lite is small. So I would think for the full size Switch, they're just putting the battery life than the old one. Well, I would think then just for the, because the Switch Lite is small. So I would think for the full-size Switch, they're just putting the same battery as the original one, and it just happens to be a bigger one than the Lite. Yeah. But they would have needed this more power-efficient chip in order to make the Switch Lite have a reasonable battery life at all while also being quite a bit smaller.

Right. The rumor at this point is that an enhanced version of the Switch targeted at avid gamers is also in production, but Nintendo has not indicated that this is the case as of yet. With that said, based on this new manufacturing process, if they were to produce a more powerful chip and target 2.5 to 6.5 hours of gameplay like the original Switch,

maybe they could do a Switch Pro or a Switch... What do you think they would call it? Wow. Are there other Nintendo consoles that have had iterations like that? Like Pro monikers? Have they ever done like a DS Pro? Well, they did lots of different versions.

Oh, Advance with Game Boy and SP. But what about on actual consoles, like a 64? Yeah. I mean, they did, like, a Super Nintendo. That was a long time ago, though. Super Switch? I doubt it. Super Nintendo wasn't just an iteration.

That was a whole new release. Yeah, but, like, Nintendo's naming for things is so weird because, like, one time that they have maintained inter-console compatibility was with the Wii and the Wii U. So what, Switch U? But that was a complete failure. Yeah, they'll never do that. We don't say that anymore. You know, if it was anyone else,

I'd be like, Switch GT. That would be a more conventional North American thing to do. Or like a Switch XT. You know, like put a suffix on it. Yeah, yeah, yeah. But I can't see Nintendo doing that. That's just not really... They should just put another S.

The Switch, the double S. Okay. I wouldn't put anything past them. They named a console where you grab a thing like this and wave it around the Wii. I've never heard anyone make that association. Really?

Yeah. You've never heard anyone make the association between the Wii and a penis? And saying Wii, like, together? What? No, I've never heard that. No that no no no not not doing it together I know but you're saying I thought you meant we oh we like w ee Yeah, oh no I heard that either Shut up. Yes

Man I'm younger than you. That's no I was like 14 when out. And at 14, you weren't making pee and wiener jokes. No. No, you were above that. You heard it here first, guys. James has matured as a human being in a very unusual fashion. Do you see this?

Do you see this? He started out with a very highbrow sense of humor. And then he's degraded from there. I'm not allowed children. I only have the shirt.

Do you think, as a like does nintendo have to get these old soon-to-be inferior switches off the shelves before they can like if you buy one before the new one comes out is there a period of time where you can exchange it like honoring the sale price so i think the store is just going to end up it, and they might send it back to Nintendo, and Nintendo might have some kind of B-Stock way to dump old inventory out. Like, I'm sure this... I mean, if there's anything they learned from the Wii U, it's don't call something something you,

and how to get rid of dead stock. So I'm sure they can figure it out. Okay. But, yeah, if I was a retailer, and I ended up taking back a bunch of crappy battery life switches, I would probably just send them back to Nintendo and be like, look, this is your problem.

If you want me to keep carrying your product, I'm not eating these. All right, Neuralink applies to the FDA for human trials. So Neuralink, a company set up by Elon Musk to explore ways to connect the human brain to a computer interface, has applied to U.S. regulators to start trialing its device on humans. Okay, that sounds really clickbaity.

So Neuralink is a... You wrote it! I copy-pasted it. It's a brain-machine interface company with the ultimate eventual goal of making an interface that you can connect non-intrusively to the brain so we can, you know, have hard drives for memory and basically keep up with the machines. Yes, just this.

Keep up with the AI that's gonna make us their pets. So be a cyborg. But in Elon Musk fashion, he usually shoots for the moon, but makes a monetizable path to get there, right? So if he wants to go to Mars, he starts doing He makes his own space shuttle and then brings people to the ISS and makes money doing that so he can finance the eventual Trip to Mars and research all the technology along the way. So what they're doing with neural link is the same thing. They're Apparently according to their claims. They've already surpassed the state-of-the-art and they're trying to

apparently according to their claims they've already surpassed the state of the art and they're trying to make these brain machine interfaces that can help people like with Parkinson's and other neurological diseases just not have seizures anymore and stuff like that and then once they continue to do that eventually the technology be good enough that you and I don't need to use a keyboard and mouse anymore so they showed off some of the aspects of their new tech which is the first device is called the N1 and mostly the talk was a recruitment talk kind of it was a conference Elon wasn't the only one speaking there as other

people the team they showed clips of different people at the team with footage from their lab apparently they have a hundred employees really I thought it was like a team of like the 12 best experts in the world, but there's like a hundred people there. Wow. Okay. And it's super cool. So what it is is basically a small chip,

like smaller than the size of your pinky fingernail. And that goes just underneath the skull in like a two millimeter wide incision. It's such a small incision that you don't even need a stitch when it's over. They want the operation to be like getting LASIK eye surgery. Yeah, kind of like installing the chip in Kingsman. Didn't see it. Oh, okay. So attached to the chip is a bunch of these probes,

but they're threads, okay? They're not like the stuff that people buy today, which is super expensive and brutal. It would be like a spike that goes into your brain. And instead, they have these threads. They're actually a tenth of the width of a human hair. And they go in, and each one of them has electrodes in it, and so it can receive signals from multiple neurons.

And then all those threads are connected to that chip. That chip then communicates wirelessly to a wearable that you put on your ear, which in turn is connected via Bluetooth to your smartphone. I must be getting old, because this makes me very uncomfortable. Oh, it's so cool. And so you can actually wear more than one of these.

So normally, this, like, the state of the art that they used before, like, that spike, you would just get one, and it'd be, like, super invasive and everything. But these, because they're less invasive, they can put, they want to aim for about four, but they can put up to ten in different brain centers around your head. And your hair can just grow back over them, and there's no cords coming from you, so they're super discreet.

Yeah, and the thing that's super cool is they've made this robot to do the surgery to put it on because those threads are so fine and small, smaller than a human hair. This robot with this tiny, tiny needle and this machine vision, which can detect where your arteries are and veins in your brain, where the blood is. It can avoid those so it doesn't cause hemorrhaging, and it can just insert these threads at different places.

And there's like 1,000 threads with like 3,000 electrodes each. And it does it like in an hour. Crazy. Yeah. So I'm super surprised that they apparently have a product that they apparently are going to be trialing on humans by apparently the end of 2020. They tested it on a monkey that was able to control a computer with its brain according to Mr. Musk.

That's not far-fetched because there's videos of monkeys controlling computers with their brains like 12 years ago. Right, but it just means that their system like does something at the very least. It's not just a Kickstarter. Here's a really thin thread. We imagine at some point in the future it'll detect neural activity, but for now it's just drilled into your brain. Yeah, I think they have the foremost experts. They have a lot of young people.

A lot of people on video look like they're under 30. Interesting. Speaking of a lot of young people, a lot of young people a lot of young people are getting off Facebook okay last one though because I gotta go

this is the last one oh yeah this is just the topics that we highlighted at the beginning oh yeah so I wanted to make sure we got through those

we're not doing the Samsung RAM thing alright so this was posted on the forum by Floofer thanks Floofer love that name

US regulators have approved a record 55 billion fine on Facebook to settle an investigation into data privacy violations related to allegations that political consultancy Cambridge Analytica improperly obtained the data of up to 87 million Facebook users. The sum amounts to around a quarter of the company's yearly profit. The investigation focused on whether Facebook had violated a 2011 agreement under which it was required to clearly notify users and gain express consent to share their data.

If confirmed, it would be the largest fine ever levied by the FTC on a tech company, but it still needs to be finalized by the Justice Department's Civil Division and it's unclear how long this may take. Investors responded positively to the news. Hey, hold on. This is the most interesting part. You'd think that the news of being like, hey, you're going to get fined $5 billion would make your stock price go down, but actually it made it go up 1.8%, which totally makes sense because they knew that this fine was coming down the pike for a long time. They didn't know how much it was going to be, but Facebook did think that it was going to be in the neighborhood of $5 billion, and Facebook did put, apparently, almost all of that aside. So the reason that the stock price would go up is because now there's less uncertainty.

Right. We don't know what additional measures and oversight might be placed on the company or Mark Zuckerberg himself, but I think what everyone wants to know is, where does the money go? Like, does everyone who had their information sold get compensated for it? Apparently, in cases like this, the people affected don't get compensated. The agency that does the investigation isn't even the one who gets the money. Usually, it just goes to the U.S. Treasury for general use.

So, build a wall. It just goes into the coffers yeah sure do you think that some people think that this is not enough money it's a slap on the wrist it's not enough to make a dent to make them care it is 20% of a year's profits not gross revenue profit yeah so I actually I have a bit of a different take on that I think that a fine of 20 of a company's profit for the year is much more than a slap on the wrist i mean i think it's very easy for people to say well facebook doesn't care because they're going to make four times that much this year but i mean if i told you that know, you did a really bad thing driving that far over the speed limit,

I'm fining you a quarter of your salary for the year, you'd probably be pretty bummed. Yeah, the other part of it is they have competitors. All their competitors are, you know, everyone's making as much as they can and allocating as much as they can to the future, to grow more in the future. So if you didn't plan for that 20%, that inhibits your ability to grow as much as they can to the future, to grow more in the future. So if you didn't plan for that 20%, that inhibits your ability to grow as much as you wanted to and then gives your competitors a leg up. And the other thing to remember is that this is just one country

that has assessed this 20% of Facebook's global annual profit fine. There's nothing to say that they won't get hit by, and you know what this cambridge analytical one specifically maybe not but there's nothing to say that in the event of some kind of a scandal like this that they won't get hit then by the eu and then by canada then by someone else and at the end of the day um you know yeah facebook is going to continue to make a lot of money, a ton of money. But I don't personally buy that 20% of your annual profit is like a slap on the wrist. If we got fined 20% of our annual profit, I can tell you as a business owner, that would sting.

That would affect our budgeting. That would affect our future plans on our expansion, our growth. Especially because this is sort of a Pandora's box. Now that I've been fined $5 billion once, I'm certainly at that amount, 20% of my profit, I am certainly trying to figure out how to not get hit by that next year. So if people are saying, look, this is not a deterrent, I think that's hogwash.

You think Facebook wants 20% of their profit wiped out every year? That's not gonna help their stock price. I think it's interesting that given that it just goes to the US Treasury for general use, it almost gives the government an incentive to make these fines go through. That's kind of weird.

Yeah, government fines are a fascinating thing. I mean, that's another thing, too, is like for me as Facebook, I have a lot of uncertainty now. It's like on the one hand, yeah, you guys done goofed, but they've done a lot of other really stupid stuff over the last couple of years, too. So I'm kind of sitting there going, oh, crap. Now that their scent of blood is in the water, what else are they coming after us for and what will the fines be? Like if I'm a Facebook investor, this news does not make me want to spend 1.8% more on my Facebook shares. Especially because Facebook is such a public target.

Then again, like I have to confess, I haven't been following this that closely. You know, maybe there's something in the settlement that says the FTC isn't going to go after them for anything else. Like, I don't know exactly. I don't know. But it's not confidence inspiring for me. And I think it's sort of ridiculous to think that Facebook would just shrug this one off. I agree.

Could be wrong. Super chats? Yeah, super chats. Oh, good reminder. Thank you. Chris, Nerdy Timber, Jonas Garibay, Freddie, Gary Singh. Mate, what are you doing?

See you in a week, dude. Is that the Graveler? Yeah. Yeah, I just thought of that. Mate, what are you doing? See you in a week, dude. Is that the Graveler? Yeah. Yeah, I spotted that. Matt, Trinidad. Demon. Gary Singh, Rocky Gregory. Poops too much.

It's a shame, Gregory. Ethan, Lucy, William McKay, Pablo Diaz. What would you get? A OnePlus 7 Pro or Pixel 3A XL? Need a headphone, Jack? Pixel 3A XL. Anything else A OnePlus 7 Pro or Pixel 3A XL? Need a headphone jack? Pixel 3A XL. Anything else? OnePlus 7 Pro?

No? I think I'd get the 7 Pro. Really? Well, I mean, it depends if you need a headphone jack. It doesn't have one. Dane Carter. Thanks. LXS.

You'll hear about the new Nintendo Switch. Oh, LOL. Yep. Yes. We talked about that later. LXS. You'll hear about the new Nintendo Switch. Oh, LOL. Yep. Yes. We talked about that later. Sauce Boss. Thanks. Tommy Gunn. I demand that you make Channel Super Fun your game stream channel. Maybe you'll read it this time. Okay, I did. That won't happen, but

resurrecting Channel Super Fun is kind of on the table lately lately so stay tuned uh just mark gaming are you not going to review the sony xperia one probably not adrian finnegan hi michael hanley sup um robert it's rc male Oh, this is... Oh, he's... Robert's here. It's RC Mail. The H is silent. Swap the L and the E.

RC Mail. RC Mail. So, like, RC guy. That helps me. Okay. That helps me, RC Mail. Robert C Mail. Midland Productions.

I want to follow up when I asked about the Dream Studio. I know you have one. I was referring to if you bought land and built from scratch. Oh, well, if I bought land and built from scratch, that would be quite a dream, because I don't know if you've looked at land prices in the Lower Mainland any time recently, but it's in the neighborhood of anywhere from... $9 million for a pigeon butt course, baby.

Yeah, we saw that today. That's the next LTT campus. Yeah, 24 acres in South Surrey, $9 million. We all pitch in. We can get it. Send us super chats, guys. We need your super chats. We'll buy 24 acres.

We all pitch in and putt. That was the joke, Nick. Yeah. Yeah, Nick. I'm a non-dad here, and I have the best dad jokes. Yeah, I made that. DistroTube, have you considered switching to Linux? Yes, I've considered it, but there's a lot of software I need to use. His name. DistroTube, have you considered switching to Linux? Yes, I've considered it,

but there's a lot of software I need to use. His name is DistroTube. Runs on Windows. Frederick, would you be open to making more pro content? Probably not that much. We love being that sort of fun window into really high-end pro cool stuff sometimes, but it's not really our focus.

Eduardo. Linus, it's been a good run. You're gonna get Susan'd. I don't know. I know what that is and you're right. Maybe she's personally making sure that our stream doesn't stop buffering. Are we talking about that Susan or a different Susan? I assume. Yeah, okay.

Okay, I can only have time for a couple more. What if those $5 million was ransom money for some kidnappers, so after you took it, they never found them and killed the kid? Well, that's why I would check the news, because I'm sure that would show up in the news. See, I've got that covered. You'd be like, here's the $4 million, guys. Save the kid.

And you'd be rushed by waiting police if... Yeah. Drake Simmons says, dang it, now I have to buy a second water bottle. The stealth one is sweet. It is sweet. I don't mind, but I am bummed that I already bought the black hat.

Can I get a virtual hug? Yes. Yes. You need two hats, man. You need one that you wear to the gym when you're hay baling and stuff, and then you need a good dress hat. Dress hat, yep.

When you get new shoes and something sharp. It's black, it's sharp. So guys, just a reminder, if you add the Stealth hoodie, the Stealth version of the LTD water bottle and the black hat all to your cart on LTDstore.com, you will get an automatic $20 discount applied which is basically like getting a free hat. Yeah, and the only thing that was as popular as this water bottle so far

in the first hour was the first water bottle. The first water bottle, okay. People love water. People need water. Oh, are these doing really well? Yeah. Oh, cool. They're selling well. I mean, I think we knew that. Like, black on black. You can never lose. Thanks for

whining with us, guys. Alright. So thanks guys. And we will see you again next week. Say, oh no, we will see you again next week at a different time. It's gonna be on Saturday. We're gonna be streaming from LTX. Yeah, that's gonna be one of the panels.

All right, see you there guys. All right, sorry James, you can go. Well, maybe I don't wanna, maybe I wanna play some games. I'm down. I gotta call my friend, he's, you can go. Well, maybe I don't wanna, maybe I wanna play some games. I'm down. I gotta call my friend who's supposed to be in the house. To protect minors featured in your content, some videos on your channel may have content disabled. What are you guys talking about?

Well, which ones? This is just like a new message in the creator studio. Did everybody see that or just us? I don't know. So weird.